Brim buys half of Polar Seafood Denmark

Polar Seafood Denmark's headquarters.

Reykjavík, Iceland-based seafood company Brim has entered into an agreement to purchase shares in Polar Seafood Denmark from private companies held by Helge Nielsen, Bent Norman Petersen, and Louise Schov Petersen.

The DKK 245 million (USD 32.5 million, EUR 32.9 million) purchase is being made through a newly-established Danish holding company 100 percent owned by Brim. Brim has also subscribed for new shares in Polar Seafood Denmark for the sum of DKK 380 million (USD 50.4 million, EUR 51.1 million), bringing the total purchase price to DKK 625 million (USD 82.9 million, EUR 84 million). On completion of the transaction ... 

Photo courtesy of WikiMedia Commons


SeafoodSource Premium

Become a Premium member to unlock the rest of this article.

Continue reading ›

Already a member? Log in ›

Subscribe

Want seafood news sent to your inbox?

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500
None